Car insurance

[Ritika13]

1st renewal of my hyundai venue SX which zero depth insurance should I buy I have a very little knowledge about car insurance so I'm very confused what should I do

 

[Financial Planner Himeesh]

Hi Ritika,
While buying car insurance, please keep the following in mind.
It should be ZERO depreciation
It should third party insurance
It should cover engine and cost of consumables
Road side assistance
Consider the company whose claim settlement ratio is good (the higher is the better).
Still have queries ?, pls do not hesitate to call me on 98495 90975

 

[Ritika13]

Hi Ritika,
While buying car insurance, please keep the following in mind.
It should be ZERO depreciation
It should third party insurance
It should cover engine and cost of consumables
Road side assistance
Consider the company whose claim settlement ratio is good (the higher is the better).
Still have queries ?, pls do not hesitate to call me on 98495 90975

Thank you

 

[Narinder Kumar]

Go to policy bazaar..
Look for comprehensive insurance plans which include third party cover ...as your car is new don't reduce ur IDV to reduce premium ...
Wishing you a Happy New Year

 

[bekwaas]

Go to policy bazaar..
Look for comprehensive insurance plans which include third party cover ...as your car is new don't reduce ur IDV to reduce premium ...
Wishing you a Happy New Year

I made the mistake of reducing IDV for reduced premium (I chose RTI in case I incurred total loss). can I increase my IDV during renewal?

 

[Narinder Kumar]

Yes next year you may increase it marginally

 

[Adhyan Budhia]

Go to policy bazaar..
Look for comprehensive insurance plans which include third party cover ...as your car is new don't reduce ur IDV to reduce premium ...
Wishing you a Happy New Year

1st renewal does not need a comprehensive coverage as the third party policy is valid for 3-5 years from the date of initial policy bought at the time of purchasing the vehicle.
Only own damage policy needs to be renewed.